A week ago it looked like stocks had a fighting chance at rekindling the then-struggling bull market. Last week's rout changes everything. Not only did the weakness up-end the bullish effort before any of the indexes could log a higher high, the selloff led to a lower low that also dragged the market below critical technical support levels. Anything's still...
Option trading can be a lucrative, but it's also complex and nuanced. Understanding all the different factors that impact an option's price – collectively called "the Greeks" — is critical. And, one of the most important but often ignored Greeks is Vega. What's Vega in option trading? Simply put, Vega (also known as kappa or lambda) measures the sensitivity of...
Option trading can be a lucrative, but it's also complex and nuanced. Understanding all the different factors that impact an option's price – collectively called "the Greeks" — is critical. And, one of the most important but often ignored Greeks is Vega. What's Vega in option trading? Simply put, Vega (also known as kappa or lambda) measures the sensitivity of...
Ouch. Thursday's selloffs wasn't just annoying, or even just painful. It was damaging. Most of the major indices fell under key technical floors that needed to hold up for the market's budding bullishness to have any hope at turning into something bigger. There may be a few slim chances that stocks step back from the brink on Friday. But, the...
Ouch. Thursday's selloffs wasn't just annoying, or even just painful. It was damaging. Most of the major indices fell under key technical floors that needed to hold up for the market's budding bullishness to have any hope at turning into something bigger. There may be a few slim chances that stocks step back from the brink on Friday. But, the...
— Like Apple and Amazon, Amazon stock bottomed in early January. It has struggled for traction since, and investors wonder what's next. — By Bret Kenwell, TheStreet.com While the major U.S. stock-market indexes bottomed in October, many megacap stocks did not bottom until early January. Names like Apple (AAPL), Amazon (AMZN) and Tesla (TSLA) are a few that come to...
— Can the parent of Facebook, Snapchat and Whatsapp maintain its bullish momentum? — By Bret Kenwell, TheStreet.com Meta (META) has been trading quite well for the longs this year, up more than 50%. The year-to-date gains trounce the rest of FAANG, with the next-best performer being Apple (AAPL) with its 17.5% return. The outperformance is even starker if we...
— Apple stock has traded well lately but it's nearing a key resistance area. Let's check the charts for a potential breakout. — By Bret Kenwell, TheStreet.com Apple (AAPL) is often be a market mover, literally since it commands a market cap of roughly $2.5 trillion and figuratively in that the iPhone producer carries a lot of weight in regard to...
After three weeks of selling, stocks finally caught a break. The S&P 500 gained 1.9% last week, stepping back from the brink of a technical breakdown at the last possible moment. The market’s not quite back in a full-blown uptrend just yet. In fact, Thursday’s and Friday’s gains were so big that they’ll be a tough act to follow this...
After three weeks of selling, stocks finally caught a break. The S&P 500 gained 1.9% last week, stepping back from the brink of a technical breakdown at the last possible moment. The market’s not quite back in a full-blown uptrend just yet. In fact, Thursday’s and Friday’s gains were so big that they’ll be a tough act to follow this...
